Posted by mDEVIL! on December 29, 18 at 17:40:07:
In Reply to: Private Equity - PAC 12 posted by TDevil on December 29, 18 at 16:11:18:
That would be very interesting, as the other conferences own no network they can sell all or pieces of ..... I'd be very interested in knowing what a private equity firm would be willing to pay for 10% of it, whether they do it or not.
I haven't read an article on this, but the TV network is all I would think they could sell an interest in. The schools own their own athletic programs, regardless of their affiliation through the conference, so no one is selling a piece of any athletic programs.
As stated in a post a while back, in the PAC, the schools are taking a lower salary, but unlike the other conferences, they got equity in the TV network. Would love to know the value of that stake.
Presumably, ASU has a 8.33% stake if 1/12th, or something less if there are owners other than the 12 schools.
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